Sign up for Renegade Inc. news.

Facebook Logo Google Plus Logo Twitter Logo Youtube Logo
Type & hit enter to search
Latest Tweets
Support Us

All posts in Economics

1-IuaGuvrSiU4-wb-n3ugRFA

On Sausages & Vegans

About two weeks ago whilst preparing for teaching our photography students I took a walk in the quiet backstreets of Tbilisi in a neighbourhood full of beautiful decaying 19th century buildings. I was preparing to take photos for a charity event called Children for Children where our students would be taking images to be sold at auction in order to help disadvantaged children here in Georgia.

How-to-Look-Like-a-Bouncer

The Bailiff Racket

I wish I’d been in that meeting. You know, the one where East Riding County Council instructed Jacobs Enforcement Services to recover an outstanding parking…

Dishonourable Debt: Why Borrowers Are Not Legally Bound To Repay Bank Loans

I intend to do what little one man can do to awaken the public conscience, and in the meantime I am not frightened by your…

150-Strong: A Pathway to a Different Future – Serialisation Part 4

When Barack Obama was elected President of the United States in 2008 this was treated as a landmark event. He presented himself as the underdog,…

72TYX79L29

Freedom, the Economy, and the Rule of Law

Freedom has been the ultimate battle cry of liberal politics. It has shaped the battle field from the French revolution, the American war of independence,…

photo-1453945619913-79ec89a82c51

150-Strong: A Pathway to a Different Future – Serialisation Part 3

“The more laws and commands there are, the more thieves and robbers there will be.” Lao Tzu Information leaked in the Panama Papers about the use…

smallphoto-1427501482951-3da9b725be23

150 Strong: A Pathway to a Different Future – Serialisation Part 2

When we find ourselves in need of a miracle there is a simple formula that can be applied: “Don’t panic, take stock, and do the…

TREES

150 Strong: A Pathway to a Different Future – Serialisation

Creative capitalism, ethical capitalism, altruistic capitalism, natural capitalism, green capitalism, distributed and democratic capitalism. Capitalism 2.0? Capitalism comes with a potpourri of sweet-scented prefixes, all…

tumblr_mvlofeOaV71sdyj9lo1_1280

Austerity is Killing Democracy

Separating economics and politics is impossible, so it’s important to point out that the misguided notion of austerity is not just killing people, but also…

ardwork

Waiting for the Death of the ‘Human Capital’ Driven Economy

Ever since the financial crisis of 2008, one thing has taken centre stage when it comes to economic recovery: job creation. It is under this…

Meet the Renegades Steve Keen

Steve Keen is one of very few economists globally who perfectly predicted the 2008 financial crisis. More recently he also predicted the Chinese economic downturn and deflation in Europe. How does he keep getting these predictions correct? The secret is to look at the elements of the economy that all mainstream economists deliberately ignore.

7004173-bald-eagle

God, gold, and glory

The late fourteen hundreds saw the scramble of enlightened countries towards conquest of what was once known as “the new world”. Fuelled by the righteous…

jenga

In Change We Trust

As the lifespan of every company shortens, paying lip service to change is dangerous and following the herd can be fatal. I’ve recently been working…

LondonHousingCrisisThumbnail

Meet the Renegades Bonus - John Lanchester on the London Housing Crisis

In this bonus sequence from our Meet the Renegades show, writer John Lanchester talks about the London housing crisis, it’s social impacts and it’s consequences…

MartinThumbnail

Meet the Renegades - Martin Sandbu

In this episode of Meet The Renegades we speak to economics writer Martin Sandbu from the Financial Times.

His recently released book ‘Europe’s Orphan: The Future of the Euro and the Politics of Debt’ attacks the current thinking of what politicians and policy makers in Brussels and Frankfurt consider to be self-evident.

3E883395-34C7-483B-B235-5CEACFE80670

Red Queen

“Now, here, you see, it takes all the running you can do, to keep in the same place.” So said the Red Queen to Alice…

ChristianThumbnail2

Meet the Renegades - Christian Felber

On this episode of Meet the Renegades, Ross Ashcroft welcomes Christian Felber - author, lecturer and founder of the Economy for the Common Good.

From Aristotle to Adam Smith economics was a school of thought based on Natural Laws and philosophy. How come we have strayed so far from our roots? What really has the Mont Pelerin Society got to do with Reaganomics and Thatcherism?

OLYMPUS DIGITAL CAMERA

Can Central Banks Bail Out The Economy Next Time Around?

There are vast numbers of Zombie companies out there who are paying off nominal interest payments on huge debts in order to keep the lights…

AnatThumbnail

Meet The Renegades - Anat Admati

Ross Ashcroft speaks to Anat Admati, Finance and Economics professor at Stanford School of Business. She is author of The Bankers’ New Clothes and gives a truthful view into the banking sector and the damage it has caused to the real economy.

Screen Shot 2015-10-29 at 11.35.03

David Graeber: What the government doesn’t want you to know about debt

David Graeber, anthropologist and author of Debt: The First 5000 years, explains in this ‘Comment is Free’ video that ‘if the government balances its books, it becomes impossible for the private sector to do the same. And, he claims, this inevitable debt often gets landed on those in society least able to pay it back’.

OurTaxSystem

Taxation

Currently we are taxed on what we produce, perhaps it would be more progressive to tax land instead of our labour?

LelandMiller

Leland Miller Interview

From Camp Kotok in Maine, Ross Ashcroft speaks to Leland Miller, president of China Beige Book International. They discuss the current landscape of the Chinese economy…

MattTyrmand

Matthew Tyrmand Interview

In this Renegade Inc. talk show at Camp Kotok in Maine, Ross Ashcroft speaks to Matt Tyrmand from the NGO American Transparency which focuses on government accountability….

BarryRithotzInterview

Barry Ritholtz Interview

At Camp Kotok in Maine, USA, Ross Ashcroft speaks to author, columnist, equities analyst and CIO of Ritholtz Wealth Management, Barry Ritholtz. They discuss the…

David-Kotok-interview

David Kotok Interview

Ross Ashcroft speaks to David Kotok, founder of Camp Kotok, in Maine, and Chairman and Chief Investment Officer of Cumberland Advisors. They discuss the origins and…

TDEcons

Trickle Down Economics

In this extract from the documentary Four Horsemen, some of the world’s leading economists discuss the myth of trickle down economics.

kayamandi-1225362-1279x932

Exclusion and its consequences

Make no mistake, the purposeful exclusion of growing numbers from economic activity is an integral aspect of the economic system. The argument that there is…

main VLADGRIN shutterstock_81903907

How To Be Self-Employed In The “Big Society”

Making a job, not taking a job means so much more than simply turning your back on employment and setting up on your own. It is more a way of life, a new distinctive multiple income stream lifestyle. It requires a new way of thinking, and not relying on big business or government to put our best interests first.

money-1559456-1279x852

Fractional reserve banking

Fractional reserve banking began in Britain in the early days of gold and silver coinage, when people would deposit their coins with goldsmiths for safekeeping….

B-Corps-LG-Graphic

Not all businesses are the same

We need a more sophisticated debate about business and how it impacts on wider society, writes Mark Braund.

economic-pig-1426474-640x480

It’s economics, stupid.

In 2008 the Queen asked Luis Garicano, an economics professor at The London School of Economics, why nobody saw the global financial crisis coming. He…

60SecondSense-Prisons

Sixty Seconds Sense with Pete Johansson – For-profit prisons

How can we begin to reduce crime if corporations profit from having full jails?

Greece_2219588b

A Modern Greek Tragedy: A Warning to Others?

Looking at the terms of the Greek bailout one thing is abundantly clear: this is not only a heartless deal, but a brainless one as…

The Corbyn Effect

Anyone who believes in the possibility of a better world should support Labour leadership hopeful Jeremy Corbyn, even if they’re not convinced by his traditional left-wing agenda, argues Mark Braund.

Greek

Will Greece Ever Be Free From Its Creditors?

Can Greece ever pay off its debts, adopt a German economic mindset and stay in the euro? Since 2010 we have been gripped by the…

Untitled1

Money and Wealth

Most people equate money with wealth, but in economic terms money and wealth are quite separate things. Wealth can be defined as those goods and…

retailshocktherapy

Retail shock therapy

When the worst rioting in a generation hit the streets of English cities last summer, politicians and pundits rushed to apportion blame. Many of the…

MinorityExcess

Minority excess versus universal security

The material benefits of a perpetually expanding economy have reached remarkably few people, despite the speed with which mainstream economic thinking has penetrated all corners…

CarryOnConsuming

Keep calm and carry on consuming

Critics of the current economic system condemn our modern-day ‘culture of consumption’. If we measure progress over the course of our lives purely by increased…

AdamSmith

Markets and Power

Our life prospects and our capacity to secure the wealth we need to survive and flourish are determined by the amount of economic power we…

BraveNewWorld

Brave New World

Before we can build a brave new world, we have to acknowledge the depth of the current crisis. It’s tempting to trace today’s problems back…

Wheredidweallgosowrong-

Where did it all go so wrong?

The pursuit by individuals of limitless material prosperity – regardless of the consequences for others – has become the basis of all economic activity. Yet…

Empiresold&new

Empires old and new

In the ancient world, empire building usually entailed the territorial conquest of one self-identifying group by another. Typically it involved exploitation based on racial or…

germandebtfinal

Professor Michael Hudson - The German Debt Jubilee

In this extract from the documentary Four Horsemen, Professor Michael Hudson explains how the German Debt was cancelled in 1947.

financial system

The Financial System

Changes to the monetary and taxation systems will provide mechanisms for curtailing two of the three forms of unearned wealth that drive much of the…

Competition versus cooperation

Supporters of the current free-market economy argue that competition among producers ensures efficiency and keeps prices as low as possible. This argument sounds reasonable in…

Too-big-to-fail

Too big to fail or too big to bail?

Since the crash, taxpayers’ money has been used to bail out failing banks because they are perceived to be too big to fail. Are they…

GMBM

Good money, bad money

Generally, loans are made (and money is created) for one of three purposes: to fund direct investment in the creation of new tangible wealth; to…

Blog1

Hope is not enough

If people feel alienated when they are denied access to decent economic opportunities, then it must be the case that an inclusive economy would have…

DebtJubilee

A debt that can’t be paid won’t be

Although the current crisis is possibly the most serious and complex in human history, it follows a pattern that has existed since ancient times. The…

image005-3 copy

Four Horsemen Reading List

The following books have inspired our thinking for the Four Horsemen film and our Survival Manual book.

Ross Ashcroft: Economics and Europe

Kim Hill from Radio New Zealand discusses Greece, austerity and Europe’s future with Ross Ashcroft on her Saturday Morning show.

Part 2 thmbnl

Harold Crooks and John Christensen Interview - Part 2

Harold Crooks, Director of “The Price We Pay” and John Christensen, Director and Co-founder of Tax Justice Network discuss the Robin Hood tax, the capture of the political class by the financial industry and the hope that lies in civil society’s intensifying fight for tax justice in the second half of this interview series.

Renegade-Screen-Branding

Harold Crooks and John Christensen Interview - Part 1

Harold Crooks, Director of “The Price We Pay” and John Christensen, Director and Co-founder of Tax Justice Network come to the studio to talk about the ‘finance curse’, taxation and the sustainability of democracy in the first half of this interview series.

Roman thumbnail

Roman Krznaric on Empathy

Roman Krznaric, author of ‘Empathy: Why it matters and how to get it”, talks to us about empathy in the age of self interest.

George-Osbourne

Try as he may, the Chancellor cannot “eliminate the deficit” - by Ann Pettifor

The Fabian Society invited Nicola Smith of the TUC, Dan Corry - once a Labour government adviser – and me to address their Summer Conference…

economicapartheid

Cultural conflict or economic apartheid?

The chances of reducing the number of lives ruined by war and other forms of social violence depend on our ability to identify the root…

LandandHousing

Land and Housing

Everyone has a basic right to shelter, which they should be able to call home. A home should not be an investment but a place…

pettiforclip

Ann Pettifor: How to Start an Economic Movement

Ross Ashcroft interviews Ann Pettifor director of Policy Research in Macroeconomics, PRIME and fellow at New Economics Foundation. They discuss Ann’s 2003 prediction of the…

NationalInterestCard2

Global Coordination

Changes on the scale and complexity outlined in this book will require global coordination if they are to be effectively implemented. The power of vested…

stevekeenPensions

Steve Keen on Pensions

Steve Keen Interview - Part 4: As we enter the age of volatility, what does this mean for our pensions?

Dice

Roulette for the rich

In 1970, ninety per cent of financial flows were used to finance trade or investment in the real economy; only ten per cent was speculative….

Dollars funnel.

Commodity-backed money versus fiat money

The use of precious metals as money goes back nearly three thousand years. Until quite recently, gold and other metals (notably silver) were the basis…

FiatMoney3

Fiat Money

How is it that we’ve ended up with a system in which banks have the power to create money? In this extract from Four Horsemen we explain what Fiat money is.

stevekeenthumbnailChina

Steve Keen on China

Steve Keen Interview - Part 3: A look into China’s private debt problem.

War-and-Profit

War and Profit

Perhaps surprisingly, the term ‘military-industrial complex’ was coined by a former soldier. On the occasion of his farewell address to the nation after serving two…

CE4GIY-WYAAg0xG
stevekeenElections

Steve Keen on the UK Elections

Steve Keen Interview - Part 1: In the aftermath of the Conservatives’ surprise victory in the UK, Steve Keen tells us why he thinks this…

MediaApathy

Media and the Creation of Apathy

The cognitive map that has been put in place by our schools, universities and our media does not encourage us to question accepted norms… instead there is apathy.

newspapers

The Role of the Media

Apart from supine politicians, the greatest friends of the elite are those who control much of the mass media. The elite have proved exceptionally adept…

27-Principles

The 27 Principles

The following list is neither definitive nor exhaustive, but it summarises the main points of the book and is provided here as a starting point…

4hmbookquote--No-Fools-Left

No Fools Left

Freddie Gray’s death was the last straw for the victims of a corrupt financial system that has left tens of thousands of people with no work and no homes. This excerpt from ‘Four Horsemen -The Survival Manual’ gives context to the riots in Baltimore by explaining some of the broader issues at hand.

Socalism-for-the-Rich

Socialism for the Rich - Capitalism for Everyone Else

The wider public is depressingly disinterested in the workings of the economy; nowhere is this more evident than in their ignorance of the monetary system….

Renegade Economist

When The Herd Turns

Current best practices in risk management work only when correlations are stable. At turning points historical relationships between assets breakdown. The only way to effectively…

SpeculateAccumulateDerailEc

Speculate, Accumulate and Derail the Economy

As a way of securing wealth without engaging in real economic activity – the act of combining land, labour and capital to create something with…

Four Horsemen

The Four Horsemen are Coming

Since they first appeared in the New Testament, the Four Horsemen of the Apocalypse have ridden roughshod into the consciousness of every generation. They remain…

Renegade Economist
TalkShowAmericanDream

Renegade Economist Talkshow: The American Dream

In this latest show Renegade Economist host Ross Ashcroft talks with Larry Lamb, George Lamb and Roger Mavity about todays relevance of the American Dream…

Four Horsemen
TarekTrickleDown

Tarek El Diwany - Trickle Down Economics

Tarek El Diwany on the flawed concept of trickle-down economics.

producer-predator

Producers vs. Predators

Ed Milliband’s conference speech in Liverpool (2011) was typical of any populist career politician. The central theme was “I’m different so you can trust me…

Renegade Thinking

The Ashcroft Interviews: Money, Blood & Revolution

Ross Ashcroft talks to George Cooper, author of Money, Blood & Revolution. In the book he suggests that the economics profession is itself in a…

Four Horsemen
WilkersonStandardLivingFINAL

Colonel Lawrence Wilkerson – The Declining Standard of Living

Colonel Lawrence Wilkerson explains that for the first time in history the standard of living is in decline.

Four Horsemen
ChangFreeMarkets

Dr Ha-Joon Chang – Free Markets

Dr Ha-Joon Chang explains why there really isn’t any such thing as a free market.

Four Horsemen

Four Horsemen - Official Trailer I

We will not return to ‘business as usual’. The Four Horsemen is an independent feature documentary from us which lifts the lid on how the…

At issue is who shall rule the world: the emerging 1% as a financial oligarchy, or elected governments. The two sets of aims are antithetical: rising living standards & national independence, or a renting economy, austerity & international dependency.

Michael Hudson

Four Horsemen

Gillian Tett - The Banking Sector

What is the fall-out from a financial industry now so detached from the rest of society?

book cover

Four Horsemen - The Survival Manual

Many people instinctively know that something is seriously wrong with the economy. Long before the historic events of 2008 things were far from good, especially…

Four Horsemen
SimonJohnsonDebtSlavery

Prof. Simon Johnson - Debt Slavery

Former IMF chief economist Simon Johnson on debt slavery and abuse of power.

Four Horsemen
KumarMoneyParadigm

Satish Kumar – The Money Paradigm

Satish Kumar, editor of Resurgence Magazine, argues that the exploitation of nature and humans is inbuilt in the nature of capitalism and socialism.

Renegade Economist
SteeveKeen

Renegade Economist Talk Show - In conversation with Prof Steve Keen

Ross Ashcroft from Renegade Economist speaks with Steve Keen whilst he was in London to launch his new book ‘ Debunking Economics: The Emperor Dethroned?’

Renegade Economist
MatthewWatson

Renegade Economist Talk Show - In conversation with Prof. Matthew Watson

Matthew Watson is Professor of Political Economy in the Department of Politics and International Studies at Warwick University.

Four Horsemen
TurkCentralBanking

James Turk - Central Banks

We ask James Turk if Government intervention in Central Banking is a help or hinderance to the free market.

Four Horsemen
NYSE-outside

A rapacious financial system: The Black Horse

Since the financial crisis that struck in 2008, the failings of the banking system have been laid bare for all to see. But, four years…

survivalfittest

Unbridled capitalism is bad for society

If there was a form of “conscious capitalism” in which care was extended to fellow humans, animals and the natural environment whether animate or inanimate,…

Four Horsemen

Four Horsemen - Feature Documentary - Official Version

Four Horsemen is an award winning independent feature documentary which lifts the lid on how the world really works.

Four Horsemen
StiglitzPharmaIndustry

Prof. Joseph Stiglitz - The Pharma Industry

Prof. Josef Stiglitz discusses drug companies and pharmaceuticals.

Four Horsemen

Poverty: The White Horse

Since the advent of agriculture, and the realization by certain people that control over land is the surest route to political power, all human societies…

When plunder becomes a way of life for a group of men living together in this society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.

Frédéric Bastiat

Four Horsemen
ISIS FLAG-ISIS PROPAGANDA VIDEO_0

Organized violence and terrorism: The Red Horse

If the very workings of the economic system are denying people the opportunity to take responsibility for their own wellbeing, is it any wonder that…

LandRent

Land Rent - the Genesis of the British Class System

Land rent is one of several sources of unearned wealth that bestow privileges on a minority of citizens while biasing the economy against the interests…

Capitalism tries for a delicate balance: it attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people's stuff.

George Carlin

Renegade Economist
hudson-ny

Renegade Economist Talkshow - US Special with Michael Hudson

The Renegade Economist goes to New York to hear Prof. Michael Hudson’s views on the state of the US Economy.

rand

The Dead Hand of Ayn Rand

Yesterday I picked up a copy of Animal Spirits by George A Akerlof and Robert J Shiller. In the preface to their book they discuss how Keynes’s General…

Renegade Thinking

The Ashcroft Interviews: Bankers on the Couch

Ross Ashcroft interviews Julia Noakes, author of the soon to be released book ‘Bankers on the Couch’.

Neo-classical models are neat, plausible, and wrong. The main reason that mainstream economics survived the challenge of the global financial crisis is not because of its strength, but because of it's irrelevance.

Steve Keen

Four Horsemen
Washington3

Power and Democracy

Haven’t we been here before? Three centuries ago philosophers began to address these questions in the movement known as the Enlightenment. Immanuel Kant described it…

Four Horsemen
StiglitzourSociety

Prof. Joseph Stiglitz - Our Society

We shape the economy but the economy shapes us.

Four Horsemen
HudsonMortgage

Prof. Michael Hudson - A Mortgage You Can Never Repay

Michael Hudson recounts his personal experience with mortgages.

Four Horsemen
JohnPerkinsSameCrisis

John Perkins – We All Face The Same Crisis

The former economic hit-man explains why we are all in this together.

Four Horsemen
ChangNeoclassicaleconomics

Dr Ha-Joon Chang – Neo-classical Economics

Dr Ha-Joon Chang explains how we have developed a system of neoclassical economics and the power play which brought us here.

Billion Dollar Bill

Debt is big business for banks, corporations and governments. Let Bill show you just how big…

Four Horsemen
TarekOriginBanking

Tarek El Diwany - The Origin of Banking

Tarek El Diwany explains the beginning of manufactured money.

talent

‘Experts’ - the price everyone pays for Hidden Knowledge

There is an accepted view in politics and the media that roughly equates to this: a professional class of ‘experts’ are far better at commentary…

chartofdecade

Chart of the Decade

Since 1984 (surely an appropriate year) while the elderly have grown their wealth in nominal terms, the young are much worse off both in inflation-adjusted terms, as well as nominal terms(pretty hard to believe given that the money supply has expanded eightfold in the intervening years). So why are the elderly doing over fifty times better than the young when they were only doing ten times better before?

Look around. Oil companies guzzle down the billions in profits. Billionaires pay a lower tax rate than their secretaries, and Wall Street CEOs, the same ones that direct our economies and destroyed millions of jobs still strut around Congress, no shame, demanding favours, and acting like we should thank them. Does anyone here have a problem with that?

Elizabeth Warren

thatcher

Keep what you make – let’s tax what you take

UK politics is dominated by middle England pre-occupations, there are vaguely hysterical fears of the UK having a ‘Depardieu moment’, and capital flight in case of…

Four Horsemen
RicharldWilkisonReaganThatcher

Prof. Richard Wilkinson - Reagan and Thatcher

Prof. Richard Wilkinson discusses Reagan and Thatcher’s policies and how they contributed to the rise in income differences.

Four Horsemen
StiglitzGDPflawed

Prof Joseph Stiglitz - GDP is Flawed… Citizens want depth…

Prof Joseph Stiglitz explains why GDP is flawed and how to begin to change that…

Four Horsemen
Class

The New Class System

Over centuries, systems have been subtly modified, manipulated and sometimes purposefully corrupted to better serve the interests of the few. Each time Enlightenment ideals have…

Four Horsemen
SimonJohnsonGoldmanSachs

Prof. Simon Johnson - Goldman Sachs

Former IMF chief economist Simon Johnson discusses the leverage of Wall Street banks in Washington D.C.

Four Horsemen
MaxKeiserInterestRates

Max Keiser - Interest Rates

A former Wall Street trader discusses the risks of interest rates.

Four Horsemen
HugoPriceMonetisingSilver

Hugo Salinas Price - Monetising Silver

Hugo Salinas Price argues the benefits of a return to silver.

Four Horsemen
HufdsonNewFinancialFINAL

Prof. Michael Hudson - The New Financial Balance

Michael Hudson predicts the new financial balance by analysing the current situation of countries that are ahead of us in the curve.

martian

Plutocracy - it’s Alien to me Sir

I’ve lost count of the times I’ve used the words ‘elite’ and ‘minority’ in this series on unearned wealth, but I’m certainly not going to…

Four Horsemen
JohnPerkinsSecretEmpires

John Perkins – Secret Empires

John Perkins on how the real modern empire has been created. Have we really moved on from the Romans?

Four Horsemen
JohnPerkinsCorporations

John Perkins – Corporation

John Perkins on how corporations must operate in ways that serves future generations.

Four Horsemen
DavidMorganInflation

David Morgan – Inflation

David Morgan explain why he doesn’t believe the Western world will experience a hyperinflation.

Fifty Pounds

The money paradox

These arguments appear irreconcilable. So who is right? And how could there have been any doubt? The reason the argument rages so often is that…

Four Horsemen
GillianTettonUK

Gillian Tett - The United Kingdom

Gillian Tett discusses why Britain is in a very difficult position today.

The idea that society can set up a single "independent" committee of men to make far reaching decisions about the quantity of money needed by a nation of sixty four million people, all engaged in varied and complex activities - is bordering on authoritarian.

Ann Pettifor

Renegade Economist
MichaelHudsonHousingMarket

The Michael Hudson Series (Part 1) – The Housing Market

Prof. Michael Hudson gives a series on the global economic crisis. Views you will not get in the mainstream.

Renegade Economist
MichaelHudsonBailout

The Michael Hudson Series (Part 2) – The Bailout

Michael Hudson reveals the real motives behind the international bailout package.

Renegade Economist
michaelHudsonIncomeTax

The Michael Hudson Series (Part 3)– Income Tax

Michael Hudson address the economic issues that now face everyone.

Renegade Economist
CoOpFutures

Make a Job, Don’t Take a Job – Co-operative Futures Conference 2013

We now need to make a job not take a job. The co-operative structure is a wonderful solution to widespread unemployment

Renegade Economist
MichaelHudsoneconomicRent

The Michael Hudson Series (Part 4) – Economic Rent

Professor Michael Hudson talks about the importance of economic rent.

We now live in a nation where doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the press destroys information, religion destroys morals, and our banks destroy the economy.

Chris Hedges

Positive Money

Renegade Economist Talk Show - Positive Money

We met Ben Dyson and Andrew Jackson from Positive Money. Listen to their proposals to reform the monetary system.

Four Horsemen
WriterDirectorFourHorsemen

Four Horsemen Writer / Director Ross Ashcroft

Ross Ashcroft talks about the Scandinavian reaction to the film.

Four Horsemen
Poster

Four Horsemen -Trailer Oficial en Español

No volveremos al negocio de siempre. Four Horsemen es un documental independiente que revela cómo funciona realmente el mundo.

Renegade Economist
Letsreflatehousing-bbulbbe

Let’s reflate the Housing Bubble…

Neo-liberal politicians want to re-inflate the housing bubble… is that wise?

Renegade Economist
NoMoreBusinessAsUsual

Ross Ashcroft - No More Business as Usual

Ross Ashcroft gives the 2012 keynote for the Renegade Economist Winter Series.

Four Horsemen
Book-Launch

Four Horsemen: The Survival Manual

Authors Mark Braund & Ross Ashcroft introduce the accompanying book to the film Four Horsemen.

Four Horsemen
LarryLohmanCapitalism

Larry Lohman - On Capitalism

A bonus feature from Larry Lohman.

Four Horsemen
FourHorsemenQ&A

Four Horsemen – Q&A

Four Horsemen Director Ross Ashcroft answers questions arising from the film.

Renegade Economist
TalkShowDavidMalone

Renegade Economist Talk Show – In Conversation with David Malone

David Malone is the author of The Debt Generation and also an independent filmmaker covering philosophy, science and religion. David is a fierce critic of…

Renegade Economist
VanquishingMiddleMen

Vanquishing the Middle Men

This is the future of banking. Like during the 16th Reformation you either evolve or die. Watch why…

What we have been living for three decades is frontier capitalism, with the frontier constantly shifting location from crisis to crisis, moving on as soon as the law catches up.

Naomi Klein

the-economic-scam

The Economic Scam

The standard economic model is a brilliant piece of mathematics, winning Nobel Prizes for its originators Kenneth Arrow and Gerard Debreu. It proves how if…

FinancialReformation

The Economic Reformation

So, what should economics be about? Well, that depends on your values and world view. If you believe that everyone should have an equal chance…

privatedebt

Private Sector Debt

It’s what’s left unsaid All the talk from politicians, economists and even most journalists is of government debt to GDP ratios. All of the problems…

Four Horsemen
FourHorsemenPoster

Four Horsemen - Official Trailer II

The Four Horsemen is an independent feature documentary which lifts the lid on how the world really works

Four Horsemen
obama-shhhh-600x300

It’s what’s left unsaid

As Gillian Tett of The Financial Times observes, “Most societies have an elite and the elite try to stay in power; and the way they…

Four Horsemen
Stiglitzinvisiblehand

Prof. Joseph Stiglitz - The Invisible Hand

Former World Bank chief economist Josef Stiglitz discusses the false assumptions of what leads to economic efficiency.

Capturing-LandValue1

Capturing the Value - the Land Question Part 1

Some people just care about practical or personal concerns, and value capture is just as relevant from this perspective. Through it we begin to replace…

Four Horsemen
KumarCyclicalEconomy

Satish Kumar – The Cyclical Economy

Satish Kumar, editor of Resurgence Magazine, explains why society would benefit from a cyclical economy rather than a linear economy, which is the product of…

Capturing-LandValue3

Capturing the Value - the Land Question Part 2

You own yourself, and by extension you own what you make through labour or voluntary transactions thereof. Land, however, is not a fruit of labour.

People tend to think that numbers are quite objective, but numbers in economics are not like this. Some economists say they're like sausages: you don't know what they really are until you cut into them.

Ha-Joon Chang

Four Horsemen
HugoPriceGermanGOLD

Hugo Salinas Price - German Gold

Hugo Salinas Price maps out the current location of Germany’s gold.

Capturing-LandValue2

Capturing the Value - the Land Question Part 3

Anything less than an equal share is a violation of the Law of Equal Liberty, for any exclusive claim over natural opportunities necessarily reduces the opportunities…

1100929ce10c721cac00963df69d3ca3_L

MASSIVE PROFITS!!! But from where?

The answer depends on two things: how those profits are derived, and what happens to them. Last week we noted how the senior executives and…

Renegade Thinking

Dirty Little Debt Secret

Ross Ashcroft speaks with Richard Vague - former banker and author of The Next Economic Disaster. They talk about his insights into private debt and…

education-is-a-bubble

Democracy and the power of corporations

Education Seen in a longer timeframe, education is best imparted from kindergarten and up. In this regard it can be said that true education is…

kenyes

Selective Amnesia? The answer is under your feet

Throughout the 19th century the integrity of economics was steadily eroded. Whereas the ‘classical’ founders of the discipline had set their enquiries in the rapidly changing…

An honest money system is the only alternative.

Frederick Soddy

Four Horsemen
HudsonfreeTransportation

Prof. Michael Hudson - Free Transportation

Wall Street analyst Michael Hudson explains how property tax could help rebuild infrastructures.

Renegade Economist
Reeves-in Conversation

Renegade Economist Talk Show - In conversation with Rev’d Donald Reeves

With the Church of England in disarray who better to talk to about dissent and the occupy movement than the legendary turbulent priest.

One-Mans-Loss-

One Man’s Loss is Another Man’s Gain

At the beginning of this series, I suggested a definition of wealth as ‘the ability to purchase in the market place those goods and services…

44ea8054159099b6b90b5528233befe0_L

Magical Thinking, Meteorology and Economic Forecasting.

Mainstream economic models ignore debt. The argument goes like this: if I lend you £1 then you have +£1 and I have -£1; and -1…

Four Horsemen
Corporateflag

Beyond left and right

This book does not call for a lurch back to the left, however. If politics is to be of any use in facing down the…

Four Horsemen
JamesTurkGold

James Turk - Gold

James Turk, founder of Goldmoney.com, discusses gold as a natural form of money.

Four Horsemen
KeiserGoldmanSachs

Max Keiser - Goldman Sachs

Max Keiser describes Goldman Sachs as the Exxon Valdez of banks.

Four Horsemen
ReevesDebtJubilee

Reverend Donald Reeves – The Debt Jubilee

Reverend Donald Reeves on the wiping off of debts.

Renegade Economist
TalkShowAlastairParvin

Renegade Economist Talk Show - In conversation with Alastair Parvin, Architect and Designer

Alastair talks about architecture, land, design and hitting the greatest monopoly of all…

Four Horsemen
ChangTrickledowneconomics

Ha-Joon Chang – Trickle Down Economics

Is “Trickle-Down” prosperity the greatest lie ever told?

One Day All This Will Be Yours

It is entirely natural for parents to want to support their children in every way possible, and for some this includes making financial provision for…

Renegade Economist
TalkShowIanMason

Renegade Economist Talk Show – In Conversation with Ian Mason

Barrister and School Principal Ian Mason addressed the UN: One World One Wealth - Economics, Justice and the Rights of Nature. We ask him how…

Wall Street has become a very specific type of casino. Unfortunately it's not the type they have in Las Vegas that is a legitimate form of entertainment. It's a casino that has massive negative effects on the rest of society.

Simon Johnson

Shadows

Great Crisis Brings Forward a Generation of Great Leaders

In Britain the term “Lost Generation” was originally used for those who died in World War I. People mourned that “the best of the nation…

Four Horsemen
KeiserPennsylvania

Max Keiser - If I Owned Pennsylvania

former Wall Street trader Max Keiser discusses copyright laws, currency and the tax system.

Four Horsemen
HermanDalyGlobalisation

Herman Daly – Globalisation

How can countries implement independent policies amidst the wave of the globalisation mantra? We ask Herman Daly what does “Globalisation” really mean to him?

Principles of a Balanced Economy

First, if the city or state developed following the course of a river system and the river suddenly changed direction or dried up, its economy…

Charles-Darwin-1880-631.jpg__800x600_q85_crop

Distorting Darwin or How the West was Won

The Victorian age was one of great progress and great folly, and particularly a time of great ideas. While we scoff at buttoned down Victorian…

Four Horsemen
human_evolution4

A civilization fit for human beings

There is nothing to be gained from blaming bankers, politicians or even economists for the current crisis. They flatter themselves if they think they created…

Four Horsemen
JamesTurkFiatMoney

James Turk - Fiat Money

Confidence is the foundation of Fiat money. Is it stable?

Four Horsemen
FourHorsemen

David Morgan – A Baby Boomer’s Apology

David Morgan reflects on the BabyBoomer’s tenure.

Four Horsemen
NoamChomskyColdWar

Prof Noam Chomsky – The Cold War

Was the Cold War a battle between capitalism and socialism?

d45a54d5d947891dd1cd75d25cbe05d0_L

The Semiotic Theory of Money

Interviewed by the Financial Times (June 7th 2003), Friedman admitted that, “The use of the quantity of money as a target has not been a…

Renegade Economist
Kent

The Man with 900 Houses

Ross Ashcroft catches up with Britain’s Buy to Let King Fergus Wilson, a man who bizarrely seems to be totally in the dark to the…

Let's reorganize enterprises in our society so that all the workers together make the decisions - what to produce, how to produce, where to produce and what to do with the profits.

Richard Wolff

Four Horsemen
GillianTettRussia

Gillian Tett - Russia

Gillian Tett explains what actually happened when Communism fell in Russia. For ‘Robber Baron’ you can also read ‘rent seeker’.

Four Horsemen
HermanDalyHomoEconomicus

Prof. Herman Daly – Homo Economicus

What really counts for our happiness and welfare? Professor Herman Daly on what’s important for economic man.

Renegade Economist
keiserreport

Renegade Economist Talk Show – Christmas Special with Max Keiser

Former Wall Street trader and founder of Karma Bank Max Keiser gives Christmas cheer to Renegade Economist viewers.

Four Horsemen

Easter Egg

Ross and Megan Ashcroft preparing for the premiere of The Four Horsemen.

bricksmortar

The Myth of Housing Prices

The time for change Despite a faltering economy and the increasing squeeze on living standards, rising house prices remain persistently but not unsurprisingly viewed as…

Four Horsemen
HugoPriceGoldPound

Hugo Salinas Price -The Gold Pound

The very thing which built the Western Empire has been forgotten…

economicscam-part2

The Economics Scam - Part 2

But it’s more than that, because the theory says that to reach equilibrium (the point at which prices match everyone wishing to buy with someone wishing to…

Give me control of a nation's money and I care not who makes it's laws.

Mayer Amschel Rothschild

Four Horsemen
HudsonFutureDollar

Michael Hudson - The Future of the Dollar

Insight on the future outlook of the US Dollar from Michael Hudson.

Four Horsemen
DavidMorganFreeMarket

David Morgan – Free Market

David Morgan argues that although it may not be perfect, the free market is our best option.

krugvkeen2

The Economics Spring

The Tipping Point I may be wrong, but it looks like a tipping point. A host of concerned economy-watchers are beginning to understand that most…

Queenlse

The Economic Crisis Within

This simple question reflected a widely held view that economics as a subject had something to answer for. For a proportion of economists (and their…

Money1

Our Monetary System

They assume that money is essentially tokens that get passed from person to person as they exchange goods. One would assume that the amount of…

BRITAIN-ELECTIONS-LABOR

The Cause of this Crisis? Leadership

Hierarchy v Self-responsibility Disintegrating hierarchy will eventually be replaced by self-responsibility - but we are not there yet. Combine a lack of strong principled leadership…